According to the Path-Goal Theory of Leadership, _____ Involves Planning

question 46

Multiple Choice

According to the path-goal theory of leadership, _____ involves planning, making schedules, setting performance goals and behavior standards, and stressing adherence to rules and regulations.

• A) achievement-oriented leadership
• B) participative leadership
• C) directive leadership
• D) supportive leadership

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Definitions:

Credit Histories

Records that document an individual's or company's past borrowing and repaying behaviors, including information on late payments and bankruptcy.

Moral Hazard

The situation in which one party engages in risky behavior knowing that it is protected against the risk because another party will incur the cost.

Adverse Selection

A situation where asymmetric information leads to the selection of undesirable alternatives in transactions.

Efficient Outcomes

Situations in economics where resources are allocated in a way that maximizes the net benefit to society, meaning no individual can be made better off without making someone else worse off.